Kotak Credit Card Bill Payment
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Kotak Mahindra Bank offers an array of credit card to suit the needs of different people. Along with the variety of cards, it also provides a host of payment methods which you can use according to your own convenience. Choose between 5 online methods and 4 offline methods. The modes of payment have quick turnarounds and can be reflected in your credit card account within 24 hours to 5 working days. Never miss a payment with these convenient modes of credit card payment.

Kotak Mahindra Bank Online Credit Card Bill Payment:

WebPAY: Using WebPAY
you can make payments on your credit card from the comfort of your own home or office. The payment can be made from any non-Kotak Mahindra Bank savings account. More than 30 major banks are listed for this service. To make the payment, follow these simple steps.

Enter your credit card details

Choose your bank account from which you wish to make the payment.

Confirm and receive an online confirmation and transaction ID.

The amount will be credited within 3 working days.

IMPS
: This service can be used through the mobile banking application. Download the app and generate an MPIN to activate the app. Follow these simple steps to make the payment.

Login to the app and click on “Banking”.

Select IMPS and select Merchant Payment.

Enter your bank account number under “Source Account”.

Merchant Mobile Number - 9833336633.

Mobile Money Identifier (MMID) - 9485633.

Enter the amount payable.

Enter your credit card number under Payment Reference Number field.

Click on Go and confirm your transaction.

Once this is done, you will receive the transaction details and an SMS confirmation. This mode can take up to 24 hours to be processed.

Net Banking - Register for the Net Banking facility provided by Kotak Mahindra Bank. You can make payments easily through the online portal from your Kotak Mahindra Bank savings or current account. On the home page, select the credit card option, then go to Payments and choose the “Make Payment” option. This mode can take up to 24 hours to be processed.

NEFT - Through the National Electronic Funds Transfer, you can make payments on your credit card from any other bank account. Login to your bank’s online banking portal and select Funds Transfer. Opt for NEFT and add Kotak Credit Card to your registered Payee List. You can then enter the details for the transfer as follows:

Enter your 16-digit credit card number and Customer Name as the Payee Name

VISA Payment - Login to your online banking account and register your Kotak credit card for VISA Payment. This mode of payment is easy and convenient. It takes up to 2 to 3 working days to be processed. Simply enter the amount you want to pay towards your credit card bill

Kotak Mahindra Bank Offline Credit Card Payment:

Over the Counter - Visit any Kotak Mahindra Bank Branch to make payments in cash. It will take 24 hours to reflect in your account. This service is provided at a fee of Rs. 75 + service tax.

Drop boxes - If you choose to pay by cheque, you can drop it off at any of the boxes available at ATMs and bank branches. The cheque should be in favour of “Kotak Mahindra Bank Card A/c followed by your 16-digit Card number.” Only local cheques are accepted. This mode of payment can take up to 5 working days for it to be processed.

Auto debit - Kotak Mahindra account holders can place an instruction with the bank to automatically pay your credit card bill every month. You can choose to pay the minimum due or the total amount from your bank account. This way you will never have to worry about payment due dates and late payment charges. You need to download the Auto Debit Form and send a signed copy by courier or fax to Kotak Mahindra Bank. You can also submit the form at a branch. Your bank account should be a single account or a joint account with an 'any' or 'either' signing mandate.

Phone Banking - You can call the Kotak Customer Service and select the option of Banking. Speak to a customer care executive and request a transfer to your Kotak Credit Card account. This mode of payment can be made only from your Kotak savings or current account. It will take up to 24 hours to reflect in your credit card account.

Kotak Mahindra Bank Credit Card Statement:

Your credit card statement will contain all details relating to your Kotak Mahindra Bank Credit Card. You will receive a statement monthly via post or email. This statement will detail your credit limit available, credit limit used, the transactions and charges on your card, the interest rate, the total amount payable, minimum due, payment due date and more. This is a complete document with the information you need on your credit card. The statement is generated on the billing date and is sent to you. It is important to check your statement to ensure all charges are correct.

Kotak Mahindra Bank Credit Card Bill Payment FAQs:

What are the charges for late payment?

In case you miss the payment due date, you will be charged according to your outstanding balance.

Outstanding Balance

Charge

Up to Rs. 500

Rs. 100

Rs. 500.01 to Rs. 5,000

Rs. 400

Rs 5,000.01 to Rs. 10,000

Rs. 500

Above Rs. 10,000

Rs. 700

What time can I make a cash payment at the Bank Branch?

You can make a cash payment at any Kotak Mahindra Bank Branch during the working hours of the bank. Each branch’s timings vary. Please visit the Kotak Mahindra website to locate a branch near you and view its working hours.